World Economy

Credit Line for Greece

Credit Line  for GreeceCredit Line  for Greece

Eurozone ministers agree to a new credit line for Greece as it prepares to exit its bailout at the end of the year. The Greek government is trying to balance austerity measures imposed by the EU and the IMF with a return to regaining economic policy-making power. Greece has had two bailouts totalling €240b ($297.5b) since 2010.